Global-IP Announces the Selection of SpaceX to Launch its 150 Gbps
GiSAT-1

April 03, 2017 12:01 AM Eastern Time

GEORGE TOWN, Cayman Islands--(EON: Enhanced Online News)--Global-IP Cayman, the innovative satellite communications company with
the mission to bring cost-effective Internet and related value-added
services to Sub-Saharan Africa, announced today it has signed a launch
services agreement with Space Exploration Technologies Corp. (“SpaceX”)
for its first communication satellite GiSAT-1. GiSAT-1 is a
High-Throughput Satellite (“HTS”) with 150 Gbps of capacity, currently
under construction by The Boeing Company.

“Our agreement with
SpaceX marks the completion of another major milestone towards getting
our innovative service platform operational to serve a growing market
with lagging Internet penetration.”

SpaceX’s Falcon 9 rocket will launch GiSAT-1. The deployment is
scheduled for Q4 2018 and will launch GiSAT-1 into its trajectory for
geostationary orbit off the west coast of Africa. GiSAT-1 will have a
mission life of 15 years.

Emil Youssefzadeh, co-founder of Global-IP, said, “Our agreement with
SpaceX marks the completion of another major milestone towards getting
our innovative service platform operational to serve a growing market
with lagging Internet penetration.”

“We are pleased to partner with Global-IP for this important mission,”
said Gwynne Shotwell, President and COO, SpaceX. “Once fully deployed,
this satellite will expand Internet services across Sub-Saharan Africa,
benefiting both consumers and businesses.”

Mr. Youssefzadeh noted, “Global-IP’s first HTS will cover areas across
Sub-Saharan Africa with a combined population of over 800 million
people. We envision our investment in this project will increase the
Internet penetration across the region and contribute significantly to
the economic growth of all the countries we will serve.”

Global-IP is incorporated in the Cayman Islands, with operations in
California and Dubai. The company’s vision is to be the catalyst in
creating a paradigm shift on how the Internet is accessed and used in
Africa. For more information, please visit www.goglobalip.com.

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Release Summary

Global-IP announces the signing of a Launch Services Agreement with SpaceX to deploy its first High Throughput Satellite GiSAT-1 on a Falcon 9 rocket, currently scheduled for Q4 2018.